university settlement

As a way to offer lower-cost housing options, NYU is piloting a program this fall that will let students live in the spare bedrooms of local senior citizens. Dubbed the “home stay” program, it would cut in half the university’s housing bill, reports the Post, as well as provide income to hosts. According to Gothamist, the program is part of a larger affordability initiative that NYU President Andrew Hamilton put forth when he assumed his role in January. The school’s $65,000/year tuition makes it the third most expensive in the country, and undergraduate housing ranges from $10,500 for a shared bedroom to $21,000 for a private suite.